Eurostat Reports Bulgaria’s June Inflation Above EU Average
Bulgaria's inflation rate stood at 3.1% in June, according to data released by Eurostat
Bulgaria Holds EU Record in Y/Y Construction Slump
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In the EU, the largest consturction decrease of over 33% was registered in Bulgaria. File Photo
In December 2009, seasonally adjusted production in the construction sector increased by 0,5% in both the Eurozone and in the EU area compared with the previous month.
The data was released Wednesday by Eurostat, the statistical office of the European Union.
In November, production fell by 0,8% and 0,4% respectively.
Compared with December 2008, output in December 2009 dropped by 3,1% in the Eurozone and by 3,3% in the EU.
Compared with 2008, average construction output index in 2009 decreased by 8,0% in the Eurozone and by 8,2% in the EU.
Among the Member States for which data are available for December 2009, construction output fell in eleven and rose only in Romania (+6,9%) and Spain (+6,2%). The largest decreases were recorded in Slovakia (-11,3%), Slovenia (-8,1%) and Bulgaria (-7,9%).
Building construction increased by 0,9% in the Eurozone and by 0,6% in the EU, after -1,0% and -0,4% respectively in November. Civil engineering decreased by 2,2% in the Eurozone and by 0,5% in the EU, after +0,9% and +0,4% respectively in the previous month.
Among the Member States for which data are available for December 2009, year on year construction output fell in ten and rose in Spain (+7,5%), Poland (+2,5%) and the Czech Republic (+2,3%). The largest decreases were registered in Bulgaria (-33,3%), Slovakia (-19,7%) and Slovenia (-18,8%).
Building construction fell by 4,0% in the Eurozone and by 4,9% in the EU, after -8,9% and -8,6% respectively in November. Civil engineering increased by 1,4% in the Eurozone and by 5,0% in the EU, after +0,9% and +2,8% respectively in the previous month.
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